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Property

Ireland has highest mortgage interest rates in EU

Ireland has the highest mortgage interest rates in the euro zone, new figures from the Central Bank show. The average interest rate on new Irish mortgage agreements stood at 2.69% in December, compared to euro area average of 1.29%. [articlepreview ...

13 Feb 2022 at 13:33

Property

Kilkenny homeowners can now apply for large grants to deep retrofit their homes

Homeowners will be able to apply for grants to cover up to half of the cost for deep retrofit of their homes under plans rubberstamped by the Government. The Cabinet signed off on plans for the home insulation scheme on Tuesday. [articlepreview ...

08 Feb 2022 at 21:34

City

Bellway shrugs off housing market concerns as demand remains strong

Housebuilder Bellway has brushed aside concerns that the cost of living crisis is set to dampen the roaring property market as it revealed higher than forecast prices and strong buyer demand. The Newcastle-based group saw completions hit a new ...

08 Feb 2022 at 12:18

Property

Soaring house prices could see thousands get lower mortgage rates

Soaring house prices in the past two years mean thousands of recent homebuyers are unexpectedly eligible for lower mortgage rates, it has been claimed. More than 90,000 homeowners drew down mortgages in the three years from 2018 and 2020 and ...

07 Feb 2022 at 15:34

Bank raises rates to 0.75% as it warns inflation could reach double figures

The Bank of England has raised interest rates again as it warned the Ukraine conflict could see under-pressure households hit with double-digit inflation later this year. Members of the Bank’s Monetary Policy Committee (MPC) voted eight to ...

17 Mar 2022 at 13:25

Chancellor failing to protect ‘cultural crown jewel’, says live music industry

The live music sector has criticised the Chancellor’s spring statement for failing to protect “one of the UK’s cultural crown jewels”. Industry groups welcomed the business rates discount announced by Rishi Sunak in the Commons on ...

23 Mar 2022 at 17:25

Expected July interest rate hike to hit Carlow mortgages and loans

Local News

Expected July interest rate hike to hit mortgages and loans

Interest rates could be raised by the European Central Bank (ECB) in the coming months, leading to higher mortgage repayments for thousands of home owners and borrowers in Carlow and across Ireland. European Central Bank ...

11 May 2022 at 16:33

Scotland

Gradual decline in house prices forecast by surveyors

A gradual slowdown in the housing market in Scotland is likely as the cost-of-living crisis bites, a report has warned. House prices in Scotland continue to edge upwards but indicators are softening slightly, according ...

12 May 2022 at 01:55

Two in five service companies passed on costs to customers in March

As many as four in 10 service companies said they put up prices in March as they faced heavily rising energy and staffing costs. A closely watched survey of businesses in the service sector, including restaurants and ...

05 Apr 2022 at 12:25

One in four service companies passed on costs to customers in March

05 Apr 2022 at 11:55

UK facing unprecedented hit to national income from inflation – Bank deputy

Bank of England deputy governor Ben Broadbent has warned Britain is likely to be facing the worst ever external hit to national income from inflation as the Ukraine war compounds the cost-of- living crisis. In a ...

30 Mar 2022 at 13:25

Personal Finance

Halifax apologises after wrongly telling customers base rate had changed

Mortgage giant Halifax has apologised after sending emails in error to customers, wrongly telling them that the Bank of England base rate had changed. The emails, which said “the Bank of England base rate has ...

03 May 2022 at 16:25

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